EDF Energy suffers £160 million impact from Covid

EDF’s UK business has seen its EBITDA impacted to the tune of £160 million due to the financial effects of Covid-19, the company’s latest full-year group results show. The company reports that the pandemic has affected “all parts of the business”, mainly its customer division’s performance, with lower electricity usage volumes among business customers and the increase of bad debt provision among the major factors.

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